Feb. 8, 2008: The rising influence of sovereign wealth funds deepens U.S.-“America’s insecurity, forcing the U.S. further in debt to foreign interests,” U.S. Rep. Marcy Kaptur (OH-9) told a special congressional panel. 

“More often than not, these deals are presented as purely financial when they are, in fact, political and strategic,” Kaptur said.  “The funds suffer from a severe lack of transparency, especially with regard to governance.  Many are run by undemocratic governments with powerful strategic objectives.”
 

She said Congress should require disclosure and increased transparency of all sovereign wealth funds.